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Daily Pivots: (S1) 0.6319; (P) 0.6349; (R1) 0.6365; More… AUD/USD’s decline resumed by breaking through 0.6336 temporary low and intraday bias is back on the downside. Current fall from 0.6941 should target 0.6269 support next. On the upside, above 0.6382 minor resistance will turn intraday bias neutral and bring consolidations again, before staging another fall. […]

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18/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6173; (P) 1.6218; (R1) 1.6278; More… Intraday bias in EUR/AUD remains neutral for consolidations above 1.6148 temporary low. Outlook will stay bearish as long as 1.6418 resistance holds. Firm break of 61.8% projection of 1.6679 to 1.6211 from 1.6418 at 1.6129 will pave the way to 100% projection at 1.5950. In the […]
06/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.83; (P) 186.74; (R1) 187.31; More… Range trading continues in GBP/JPY and intraday bias remains neutral for the moment. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside […]
30/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2674; (P) 1.2697; (R1) 1.2731; More… GBP/USD is still bounded in range trading and intraday bias stays neutral at this point. Another fall cannot be ruled out, but downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has […]